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Non-Competitive Markets — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNon-Competitive Markets1 Mark
Question
Average revenue and price are always equal under:
  1. Perfect competition only.
  2. Monopolistic competition only.
  3. Monopoly only.
  4. All market forms.
✓

Answer

  1. All market forms.

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